his planned trip to the middle east including saudi arabia. on capitol hill lawmakers are racing to put together a new bill that addresses rising gun violence and pass it all before the july 4th recess. we ll discuss with congressman salud car ba hall. we ll highlight the key races to watch with steve kornacki at the big board. we ll bring you an update on the fight for ukraine s donbas region which ukrainian president zelenskyy says will go down as one of the most brutal battles in and for europe. we begin with the growing unease over the state of the american economy. right now the dow jones industrial average is 141 points 140 points up. you see the index at 30,654. this is one day after it fell nearly 900 points yesterday on worries about inflation and what the federal reserve will do when it comes to interest rates at its next meeting which gets under way today. at the same time the s&p 500 which retirement funds are pegged to entered bear market territory, having
10:00 a.m. pacific. there s a public split within the committee over whether they ll formally recommend criminal charges to the department of justice. joining us nbc news senior capitol hill correspondent garrett haake, also barbara mcquade former u.s. attorney in michigan and msnbc legal analyst. garrett, what can you tell us about why they postponed the hearing? reporter: their video staff is just trying to keep up. committee member zoe lofgren told us this morning that that s what this comes down to, they re working on an greg sive schedule, trying to get all the video tape elements they need to tell the story cut and ready. and they think they re better off moving wednesday s hearing into next week. the plan is that thursday s hearing will focus on mike pence. the doj-focused hearing we re expecting thursday will appear at a date to be determined. speaking of congresswoman lost again, a member of the january 6th committee, she